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Cantor Gaming to provide mobile gaming technology to M Resort

July 11, 2008

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M Resort, Spa and Casino property officials this week announced a long-term agreement with Cantor Gaming to provide cutting-edge mobile gaming technology to the casino floor and race and sports book of the $1 billion resort, slated to be completed next spring on the far south end of Las Vegas Boulevard.

While still subject to approval by the Nevada Gaming Commission and Nevada Control Board, the agreement stipulates that Cantor will be the exclusive provider of mobile gaming service to the M Resort and will operate the M Resort’s race and sports book.
Cantor Gaming will deploy a server-based gaming system, with full back-office infrastructure and an extensive portfolio of games. Mobile gaming will permit the play of familiar casino-style games, such as slots, blackjack, roulette, baccarat and poker, within the casino property, but away from the confines of the traditional casino floor.
“We are excited to have entered into a long-term partnership with the M Resort, Spa and Casino,” said Lee Amaitis, Cantor Gaming president. “Cantor has long been committed to developing and delivering state-of-the-art technology to enhance the gaming experience. We are looking forward to bringing this advanced gaming technology to the M Resort.”

Using Cantor Gaming’s advanced mobile gaming technology, guests at the M Resort will not only be able to play on hand-held devices in designated areas throughout the resort but also will be able to bet in unique ways in the resort’s race and sports book.
“We want to provide our guests with the best overall gaming experience available. Cantor Gaming is an industry leader in the mobile gaming market and shares in our commitment to provide guests with an unparalleled gaming experience,” said Joseph A. Magliarditi, M Resort executive vice president and COO.

M Resort recognized Cantor’s expertise in not only mobile gaming technology but also operating race and sports books in the UK, he said.

 “A sports book is pretty much a sports book in Las Vegas,” Magliarditi said. “With this alliance with Cantor will be able to bring more to the sports book experience and offer bettors more options. We think it’s going to be a competitive advantage.”

The time is right now to offer new technology such as mobile gaming, he said. “Everyone’s more tech savvy than they’ve ever been. Everyone has a PC in their home and [many] have a Blackberry or an iPhone. People are less intimidated by these devices,” he said.

Cantor has some interesting intellectual property, he noted. “There are going to be even more opportunities as far as games and the ways you can bet the games,” he said.

Magliarditi also cited Cantor’s unique games, including StatJack, a variation of blackjack, as attractive features.
Cantor Gaming was granted the first ever license as a manufacturer, distributor and operator of mobile gaming systems by the Nevada Gaming Commission in May of 2006. Cantor was instrumental in the adoption of Nevada legislation permitting wireless gaming on hand-held, mobile devices in public areas of a resort casino.

Its initial installation is in the Venetian hotel-casino on the Las Vegas Strip.



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